Financial Aid

Terms and Conditions

Accepting or Declining Awards

Awards are automatically accepted. No action is needed to accept awards. Action is
required to decline awards. The student is responsible for declining awards if the
student decides to not attend or does not want the award. If the student does not
attend classes and fails to withdraw from classes prior to the first day of SPC's
semester, the student will owe at least 30% of tuition and fees without exception.

Award Amounts

Fall semester and spring semester awards are originally awarded based on full time
enrollment. After census date, awards are adjusted according to the hours enrolled.
Summer semester awards are based on preregistration enrollment.

Estimated Awards

Prior to census date, awards are estimated as shown on the tuition and fee statement.

Loan Awards for Students with 30-Day Hold

If you are a first-time college student, your loan will be held 30 days. The loan
cannot be applied to your business office account until after 30 days from the first
class day of the semester. Contact the financial aid office if your financial aid
file is complete and you need help with tuition, fees and/or books.

Book Purchases

Beginning approximately a week prior to the first class day through the first few
days of each semester, students can charge books against the estimated awards up to
the balance remaining after tuition and fee charges are fully covered. The specific
dates are available upon inquiry to the business office, financial aid office and
bookstore each semester.

Award Disbursements

If awarded prior to census date, awards disburse on census date and show as a credit
on the tuition and fee statement. This is not the date students receive a refund on
their Texan card or checking account. See below for award refund information.

Award Adjustments and Class Attendance/Participation

Award adjustments are made in accordance with credit hours of class attendance/participation.
If students are reported as not attending and/or participating in class, refunds will
be held until class attendance/participation is verified for all the student's classes.

Award Refunds

If awarded prior to census date, payment of the credit balance (after tuition, fees,
books and other charges are fully paid) occurs approximately 14 days after the disbursement
to the business office statement. If awarded after census, students can view the refund
payment dates on the SPC website or contact the SPC business for dates.

Suspension Status

Even if shown on the award letter, students on suspension for not meeting the financial
aid satisfactory academic progress policy are not eligible for grants, loans, work-study,
or any awards that require successful financial aid satisfactory academic progress.

South Plains College does not discriminate on the basis of race, color, national origin, sex, disability or age in its programs and activities. The following person has been designated to handle inquiries regarding the non-discrimination policies: Vice President for Student Affairs, South Plains College 1401 College Avenue, Box 5, Levelland, TX 79336, 806-894-9611